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Here’s the Music Industry News Roundup for the week ending on April 21st, 2017. Spotify was much in the news this week, but there were a lot of other significant news stories as well. Let’s get into it.
Is the end of the free streaming tier near? It might be coming soon, especially if the music industry has its way.
Now indie labels can window releases too. Universal Music got its way with holding back star releases for the paid tier only, but the indie association Merlin just signed a similar deal with Spotify.
You’re the real product when you consume free music. It’s really your data that Spotify and other streaming services want.
Spotify had $2 billion in revenue last year, but still lost a bunch. And that’s why investors want that IPO as soon as possible.
YouTube is making it hard to be an artist on the platform. It’s shifting algorithms are really hurting creators, especially the outspoken ones.
Universal may go back on its deal with the Prince estate. Apparently the company doesn’t feel like it’s getting its money’s worth.
The nature of the music business has changed. It used to be major versus indie, but now it’s “quick versus slow” according to this interview.
Facebook’s Instant Articles may end up being a flop. Publishers are pulling out, saying that they get a better rate of return with direct links to their sites.
Believe it or not, the “golden age” of UK radio is upon is. There are more listeners than ever before, proving that radio doesn’t have to be old and stogy like in the U.S.
LiveNation is partnering with Mercedes for a VIP ticketing program. I guess it’s smart to go where the money is, but this won’t make concert tickets go anywhere but up.
That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!